Business

Kazakhstan’s 40 Million-Ton Refining Goal Hinges on Domestic Market Incentives, Expert Says

By Dana Omirgazy  on 3 September 2026

ASTANA – Kazakhstan’s ambition to increase oil refining capacity to 40 million tons a year will require more than expanding existing plants and building a new refinery. The country will also need to address the economic incentives that currently make crude exports more attractive than supplying some oil to...